ETH/BTC breaking resistance! On-Chain Outlook Edition #17 (03/12/2021)
ETH/BTC breaks resistance ⚡ Read tonight's edition for Q's update On-Chain - featuring Bitcoin & Ethereum 👇
🚀 Technical Outlook Edition #156 is available to watch tomorrow! 🚀
Make sure to subscribe now and receive the alert directly to your email when the latest technical analysis is online 👇
ETH breaks out of resistance - but is it really the ‘flippening’?
Yet another week passes in the cryptocurrency markets, with no shortage of interesting developments from the On-Chain perspective.
First, consider the Ethereum/Bitcoin pair (ETH/BTC) broke through major resistance situated around 0.078 - despite Bitcoin’s choppy price action.
On the flip side, Metaverse leaders - e.g. $SAND & $MANA - have started pulling back towards key levels as the Metaverse and P2E coins take a much-needed breather.
Qluster Research is a reader-supported publication. To receive new posts and support our work, consider becoming a free or paid subscriber 🤗
Ecosystem coins - e.g. $LUNA & $SOL - display an exuberant rebound, appearing to take little notice of Bitcoin’s boring and choppy price action. Furthermore, Qluster analysts report on Luna now reaching all-time highs.
In light of the recent milestone in the breakthrough of ETH/BTC, Qluster Data Labs outline the latest update on supply metrics for both Bitcoin & Ethereum.
For today’s edition, Q commences the on-chain assessment with Ethereum below…
On the fence about becoming a Premium Reader? Here's a 7-day free trial so you can do your own due diligence on Qluster Research 🚀
Cancel at any time. No hard feelings 🤗
Keep reading with a 7-day free trial
Subscribe to Qluster Research to keep reading this post and get 7 days of free access to the full post archives.